ConAgra Foods agreed to pay $11.2 million, a sum that includes the highest criminal fine ever in a U.S. food safety case, to settle a federal charge that the company shipped Peter Pan peanut butter tainted with salmonella from a …
Bermuda-based Montpelier Re Holdings Ltd announced that it has scheduled a special general meeting of its shareholders to “consider and vote upon a proposal to approve the previously announced Agreement and Plan of Merger,” dated March 31, 2015. Shareholders will …
AXA announced it has entered into an agreement with SulAmérica SA to acquire 100 percent of its large industrial and commercial risks insurance subsidiary, SulAmérica Companhia de Seguros Gerais, for 135 million Brazilian real ($44.7 million ). The subsidiary handles …
EXOR SpA, the investment vehicle of Italy’s Agnelli family, reiterated that it won’t sweeten a $6.8 billion offer to buy PartnerRe Ltd. as the reinsurer demands a higher price to abandon a merger deal with AXIS Capital Holdings Ltd. EXOR …
IFG Companies has named Sophia J. DeCouto as vice president and head of the Primary Property Unit within its Brokerage Property Division. DeCouto comes to IFG Companies with experience in excess and surplus lines property underwriting, including primary property, shared …
Officials with Florida’s Department of Agriculture say 103 skimmer devices that are used for identity theft have been discovered at more than 7,500 gas stations it inspected. The agency announced its findings this week. The report comes after three months …
President Barack Obama and potential presidential candidate Jeb Bush declared a war of words within the war on climate change this week. The two diametrically opposed politicians’ verbal clash in the media may be a portentous glimpse at one of …
NFP, a New York City-based provider of employee benefits, property/casualty insurance, retirement and wealth management services, announced it has acquired Horenberg Insurance Services Inc., an independent agency in Burtonsville, Maryland. Terms of the transaction were not disclosed. NFP said the …
The union for Amtrak’s locomotive engineers urged the railroad on Tuesday to put a second crew member at the controls of trains on the busy Northeast Corridor, where a derailment killed eight people and injured more than 200 others. “The …
IronHealth, the specialty healthcare unit of Ironshore Inc., has introduced a program to protect healthcare providers from the financial risks associated with bundled payment contracts. The Centers for Medicare and Medicaid Services (CMS), as well as commercial payors and self-funded …
